Price pulled back to the Weekly Bearish Orderblock. Price gave signature reversal trapping pattern on M15 trapping most retail traders long.
TP targets are where the lowest levels of retail stop losses will be located which is where the Smart Money will bank their profits.
TP targets are where the lowest levels of retail stop losses will be located which is where the Smart Money will bank their profits.
Trade active
Note
Stop moved into profit.Note
50% of profits claimed. Stop moved +10 pips in profit. Risk free trade.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.